Liquid Telecom to invest R5.6bn in Egypt - News Summed Up

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Liquid Telecom to invest R5.6bn in Egypt


This is part of a major partnership with Telecom Egypt, which includes network infrastructure and data centres. The agreement was signed by Ahmed El Beheiry, CEO of Telecom Egypt, and Strive Masiyiwa, executive chairman of Liquid Telecom's parent company, Econet. Telecom Egypt will use the expanded network to connect Egyptian businesses to the rest of Africa, while also partnering with Liquid Telecom to build data centres across Egypt. These will be similar to some of the best-in-class data centres in SA, Liquid Telecom says. This follows an agreement in July with Telecom Egypt to mark the completion of Liquid Telecom's 'Cape to Cairo' network.


Source: The North Africa Journal December 10, 2018 12:33 UTC



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